By: Courtney Goldsmith

I am a journalist for City A.M. reporting on the energy and mining sectors. I also keep an eye on the pharmaceuticals sector and cryptocurrencies. Email: courtney.goldsmith@cityam.com

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More tourists came to the UK in 2016 than ever before

February 17, 2017

No, it's not your imagination – there were more tourists visiting the UK than ever before in 2016. Last year, a record-breaking 37.3m inbound visitors filled the streets of Britain, up three per cent from 2015 and even more than the predicted number of 36.7m, VisitBritain's latest figures show. The numbers point to strong growth from North America. [...]
Now German government officials are meeting with PSA and GM over Opel

February 17, 2017

German government representatives have met with bosses at General Motors and Peugeot and called talks between the two carmakers over a potential takeover "advanced". The French company PSA has proposed a takeover of General Motors' European Opel operations, including Vauxhall. "I can confirm that there have been talks with GM and Peugeot", the spokeswoman for the German economy [...]
These are the UK’s best and worst banks – look away now Barclays users

February 17, 2017

Feeling disappointed by your service at Barclays? Well, research shows you're not alone. Barclays has been voted the worst British bank yet again, falling to the bottom of MoneySavingExpert's twice yearly poll. But Barclays isn't the only high street lender that had a poor showing. HSBC and Royal Bank of Scotland (RBS) came towards the bottom of the table, as 21 per cent of [...]
These UK-listed oil and gas firms are making advances in the North Sea

February 17, 2017

Two London -listed oil and gas firms today announced major advances in their North Sea assets. Ithaca Energy's Stella field has finally come onstream after electrical faults and bad weather caused delays from late last year. In a statement today the company said: "Production has been started from the field and oil export to the adjacent shuttle [...]
Fresh fears of an S&P downgrade sends Toshiba’s shares to new lows

February 17, 2017

Troubled Japanese conglomerate Toshiba's shares plummeted yet again today – this time on news S&P Global could cut its credit rating. S&P said it could lower the firm's rating by several notches if it receives financial support, including debt restructuring, sending investors into panic mode again. Toshiba's shares plunged as much as 12.5 per cent [...]
A Seoul court has officially declared former shipping giant Hanjin bankrupt

February 17, 2017

Embattled South Korean shipping giant Hanjin has finally been declared bankrupt. A South Korean court made the decision today that Hanjin Shipping, formerly the world's seventh-largest container shipper, was officially bankrupt after ruling earlier in the month the firm's liquidation value would be worth more than its value as a going concern. Hanjin had debts of [...]
Business secretary Greg Clark says Peugeot-maker PSA wants to build on Vauxhall’s success

February 17, 2017

Business secretary Greg Clark has called his talks with the French government and PSA "constructive", saying the French firm wants to build on the success of Britain's Vauxhall business. In a short statement, Clark said the PSA "stressed that they valued highly the enduring strength of the Vauxhall brand, underpinned by its committed workforce". Clark jetted to Paris [...]
These are the energy providers rolling customers onto higher tariffs at the end of the month – and the cheapest deals

February 16, 2017

British households could be hit by an extra £256 added to their energy bills when several tariffs expire at the end of the month. On the 28 February, 27 fixed dual fuel tariffs are set to end from suppliers including Extra Energy, Npower, and EDF, meaning customers could be rolled onto their supplier's standard variable tariff, new research shows. Of those, 25 will increase rates [...]
Brazil’s Vale reveals record-breaking iron ore production for 2016

February 16, 2017

Brazilian miner Vale produced a record 349m tonnes of iron ore in 2016, beating its own guidance. The world's top iron ore producer expected output to be at the lower end of a range of 340m to 350m tonnes, but strong performance at mines in northern Brazil and the successful start of its mammoth S11D mine [...]
Shares in the leading Coca-Cola bottling firm are fizzing as profit shoots up

February 16, 2017

Leading drinks bottler Coca-Cola Hellenic Bottling Company (HBC) today reached the top spot on the FTSE 100 risers' board as it announced its profit beat expectations yet again. The figures The soft drinks bottler's net profit jumped 22.5 per cent to €343.5m (£292.3m) from €280.3m for the year ended 31 December 2016. Net sales revenue lifted three per cent [...]

Exclusive: RPC to lose Mike Ashley’s ‘rainmaker’ lawyer

Former Six Nations stadium to become 50,000-seat football arena

Valentine’s Day: Fancy a romantic bowl of chocolate spaghetti?

By: Courtney Goldsmith

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